10/07/2025 | Press release | Distributed by Public on 10/07/2025 20:39
WASHINGTON, D.C. - Consumer Bankers Association (CBA) President and CEO Lindsey Johnson issued the following statement in response to the U.S. Senate voting to confirm Jonathan McKernan as the Under Secretary for Domestic Finance at the U.S. Department of Treasury:
"On behalf of America's leading Main Street banks, we congratulate Jonathan McKernan on his confirmation as Under Secretary for Domestic Finance. His experience at the FDIC and throughout his career makes him uniquely qualified to help guide Treasury's domestic finance portfolio at this pivotal moment.
"America's leading Main Street banks remain committed to fueling economic growth, expanding access to capital, and supporting consumers and small businesses across the nation while also ensuring the safety and soundness of the financial system.
"We look forward to working with Under Secretary McKernan and Secretary Bessent to advance policies that foster innovation, promote competitiveness, and strengthen the resilience of our nation's economy."